Yatharth Sarode

Associate Consultant

Mumbai, Maharashtra, India8 yrs 6 mos experience

Key Highlights

  • Expert in High Frequency Trading operations.
  • Proficient in risk management and reconciliation processes.
  • Strong background in trading system setup and corporate actions.
Stackforce AI infers this person is a Fintech professional specializing in Trading Operations and Risk Management.

Contact

Skills

Core Skills

Trading OperationsRisk ManagementExchange ManagementTrade Operations

Other Skills

Audit Data ExtractionBack Office OperationsBusiness AnalysisBusiness DevelopmentCollateral ManagementCorporate ActionsData AnalysisDepository SetupDigital MarketingExchange ListingFinanceFinancial AnalysisHigh Frequency TradingLeadershipManagement

About

As a result-driven professional with a strong academic background and diversified experience in finance and operations, I bring a unique perspective to the world of Trading Operations. My passion for the field, combined with my expertise, has led to my success in multiple roles throughout my career. I hold an MBA/PGDM in Global Business Operations/Finance from Shri Ram College of Commerce, Delhi University, and a Bachelor of Engineering in Electrical from Mumbai University. Currently, I am working as a Senior Associate in Tower Research Capital.Handling High Frequency Trading(HFT) end to end operations.Previously worked as a Manager at Afrinex Limited, a part of BSE Limited, based in Ebene Cybercity, Mauritius. My role at Afrinex is multifaceted, and I am responsible for the smooth running of day-to-day Trading operations. Some of my key responsibilities include BOD-EOD Process-Matching System (MAPS), BOW Trading Application, Real Time Risk Management System (RTRMS). I am also responsible for SOP Creation and Approval, involved in Depository setup, and setting up the start-to-end ISIN issuing process, including Listing, CFI code, FISN code, and document check of issuers. Prior to my role at Afrinex Limited, I worked as an Equity Operations Associate at Alpha Alternatives Fund Advisors LLP, Parel, Mumbai. My expertise includes collateral management, monitoring real-time utilization of all entities, including our partners, and maintaining adequate margin. I have in-depth knowledge of products such as equities, futures, options, currency derivatives, interest rate futures, bonds, and mutual funds, among others. I am proficient in corporate actions, NAV calculations, reconciliation of trades, cash, positions, expense accounting, and clearing and settlement processes, including PayIn/Payout of funds and securities, STP, and resolving settlement issues by liaising with exchange and custodians. I have also supported client onboarding documentation, fund accounting, compliance reporting for PMS, and resolving various trade breaks within the minimum time to run smooth trading. Furthermore, I have handled the depository functions, stock transfers, and pledge/repledge processes. My passion for the field has led me to continuously work on automating different processes. I have a good understanding of market risk concepts and calculations and am responsible for risk management with the help of customized software, with knowledge of VaR, ELM, and options Greeks.

Experience

Qube research & technologies

Analyst

Sep 2025Present · 6 mos · Mumbai, Maharashtra, India

Tower research capital

Senior Associate

Oct 2023Sep 2025 · 1 yr 11 mos · Gandhinagar, Gujarat, India · On-site

  • o Execution of strategic operational objectives (65% local, 35% global). Primarily managing India Operations.
  • Responsible for handling High Frequency Trading (HFT) Firm end to end operations including Trading and Clearing
  • Operations (Self Clearing Member), End to end Risk Management System handling, Various Back Office reports including
  • Netpos generation, PnL Reports, Session-CTCL Id's addition-deletion, Peak Margin calculation etc.
  • o Reconciliation-Positions, Trade, Cash, Different Exchange Charges, Corporate Actions etc.
  • o In Depth understanding of Devolvement of Options into Futures, Physical Deliveries, Stock Lending and Borrowing (SLB)
  • Mechanism, Pledge/Repledge process.
  • o Handing Equity deliveries (Payin/Payouts) for various Teams and Firm level basis including delivery instruction on speede.
  • o Responsible for extraction audit data as required by exchanges. Also responsible for Register of Securities (ROS) and PMLA
  • reports.
  • o Automate the various processes in order to reduce time processing for different tasks.
  • o Also looking for US market-Trade, Position recons. Incorporating various corporate action on Position server and in internal
  • system including Split/Reverse split, Merger, Dividend, Bonus, Rights, Warrants etc.
  • o Responsible for daily post-trade support and operational duties – including reference data management, clearing and
  • settlement operations, StreetSide reconciliations, P&L estimation, as well as compliance analytics and reporting across
  • multiple asset classes (Equities, futures, etc.).
High Frequency TradingRisk ManagementReconciliationBack Office OperationsAudit Data ExtractionTrading Operations

Afrinex limited

Manager

Dec 2021Sep 2023 · 1 yr 9 mos · Mauritius

  • o Responsible for entire Exchange Trade Life Cycle Setup- Trading System, Clearing & Settlement, Depository, Listing etc.
  • Co-ordinate with Scrum Master in BSE in order to check & develop different applications. Preparation of BRD document.
  • o Handling smooth running of day to day entire trading operations including BOD-EOD Process-Matching System (MAPS),
  • Trading Application (BOLT), Real Time Risk Management System (RTRMS), Contract Creation system (SMOP), Closing Files
  • (EPIC), Clearing & Settlement(CLASS), Collateral (COLLATERAL) and their SOP creation. Implementation of UCC.
  • o Involved in Depository Setup-Onboarding of Issuer/Securities, Transaction Processing, Pledge-Replegde, Corporate action.
  • o Product Finalizations-Specifications of various contracts, Tie up with other exchanges for Reference Rates.
  • o Handling Listing Process-Including ISIN issuance, Document check of issuers.
Trading System SetupSOP CreationDepository SetupCorporate ActionsExchange ListingTrading Operations+1

Alpha alternatives

Associate

Aug 2018Nov 2021 · 3 yrs 3 mos · Mumbai, Maharashtra, India

  • o Responsible for entire Trade Life Cycle-Pre Trade, Trade Execution, Trade Clearing, Trade Settlement, Risk Management.
  • o Collateral Management including new Pledge/Repledge system. Monitoring real-time utilization of all entities including our
  • partners and maintain adequate margin. Handling 1000Cr portfolio independently.
  • o Expertise in handing Hedge Funds, AIF’s, PMS, FPI operation efficiently. In depth knowledge of Products-Equities, Futures,
  • Options, Currency Derivatives, Forex, Interest Rate Futures, Bonds, Mutual Funds, Swaps etc.
  • o Knowledge of Corporate Actions, NAV Calculations, SWIFT messages.
  • o Reconciliation of Trades, Cash, Positions, Expense Accounting including Management Fee, Admin Fee, Incentive Fee, Liquid
  • Fund Buy/Sell, Stock loan.
  • o Clearing and Settlement process including PayIn/PayOut of Funds and Securities, STP, Resolve settlements issues by liaising
  • with Exchange and Custodians.
  • o Supporting for Client onboarding documentation, Fund Accounting, Compliance Reporting for PMS.
  • o Resolve various trade breaks within minimum time in order to run smooth trading.
  • o Handing Depository Functions-Stock transfers, Pledge/Repledge etc.
  • o Handing Start to End process for IPO including arranging IPO Funding, OFS, Buyback, Takeovers, Delistings etc.
  • o Responsible for Daily MIS-more than 15 entities.
  • o Continuously working on automating different process with help of developers in order to reduce time processing.
  • o Implementing Strategies like- Reverse Cash carry Arbitrage (SLBS) in order to enhance the returns on idle collateral.
  • o Account Opening- Trading+Demat, LAS, IPO Funding etc.
  • o Helping to Audit team for understanding various trading transactions.
  • o Understanding of Market risk Concepts, Calculations.
  • o Responsible for Risk Management with help of customized software. Good knowledge of VAR, ELM, Options greeks.
  • o Experience in Trading-Short Strangle/Straddle, Spreads, Arbitrage Opportunities etc.
Trade Life Cycle ManagementCollateral ManagementRisk ManagementReconciliationCorporate ActionsTrade Operations

Siemens

Summer Intern-Department of Business Administration

Jun 2017Jul 2017 · 1 mo · Gurgaon, Haryana, India

  • Understand Financial Budgeting & Controlling aspects of SPEL India, Transfer pricing method utilization in PGES, Hedging aspects, Travel accounts management, Order to cash cycle on SAP in Siemens India.

Tjsb sahakari bank ltd

Winter Intern-International Business Division

Dec 2016Dec 2016 · 0 mo · Nasik Area, India

  • Understand the process and documentation required for Import and Export of goods. Also studied different areas of Global trade finance market such as Method of payment of international trade,Letter of credit,Buyers credit,Pre shipment and Post shipment financing.

Cetking education pvt ltd

Digital Marketing Manager

Jun 2015Jun 2016 · 1 yr · Thane,Mumbai

  • o Managed company’s facebook marketing page and various groups of exam preparation for brand campaigns including creative development,newsletter marketing and all agency deliverable. Dedicated to monthly online sales and students Queries.
  • o Assisted the company’s business development team in developing proposals within digital marketing segment.
  • o Handled day to day Search Engine Marketing(SEM) activities including campaign planning,budget management and optimization of paid search campaign.

Education

Shri Ram College of Commerce (SRCC)

Master of Business Administration (M.B.A.) — Global Business Operation/International Business

Jan 2016Jan 2018

SES's Group Of Institutions Faculty Of Engineering

Bachelor’s Degree — Electrical Engineering

Jan 2011Jan 2015

B.N.Bandodkar College Of Science

Junior College — Science

Jan 2009Jan 2011

C.R.M.Oak High School,Kalyan West

High School

Jan 2009Present

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